Guideline Value

Corporate

Guideline Value for MALLIGAIPOO COLONY 4TH STREET

₹2700/sq.ft.

The guideline value for Malligaipoo Colony 4th Street in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Malligaipoo Colony 4th Street

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Malligaipoo Colony 4th Street guideline value

The current guideline value of Malligaipoo Colony 4th Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO, and is classified as Residential Class III Type - II.

How the guideline value of Malligaipoo Colony 4th Street has changed

The guideline value for Malligaipoo Colony 4th Street has undergone several revisions over the years. The earliest figure available is from the 2007 revision, which was Rs 600 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in the 2012 revision, marking a substantial rise of 317%. The value remained unchanged at Rs 2,500 per sq.ft in the 2023 revision, before increasing to Rs 2,700 per sq.ft in the 2024 revision, reflecting an 8% increase.

There are no figures available for the years 2002, 2003, and 2017 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 350%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, which is equal to the current figure for Malligaipoo Colony 4th Street.

Stamp duty and registration fee for property in Malligaipoo Colony 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total costs together to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Malligaipoo Colony 4th Street?

The Sub Registrar Office that covers Malligaipoo Colony 4th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Perambur

The guideline value plays a crucial role during property transactions in Perambur. It is the value set by the government for the purpose of registration and taxation, ensuring that properties are assessed at a fair value for stamp duty and registration fees.

When buying or selling a property, the guideline value is used to determine the applicable stamp duty and registration fees. This means that buyers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Malligaipoo Colony 4th Street?

The current guideline value of Malligaipoo Colony 4th Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, marking a total increase of 350% over the years.

What is the registration office for Malligaipoo Colony 4th Street?

The registration office for Malligaipoo Colony 4th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft property at the current guideline value, the total guideline value is Rs 27,00,000. The stamp duty would be Rs 1,89,000, and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Are there other streets in Perambur with the same guideline value?

Yes, several other streets in Perambur have the same guideline value of Rs 2,700 per sq.ft, including Malligaipoo Colony 1st Street, 2nd Street, 3rd Street, 5th Street, and Malligaipoo Colony Main Road.